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	<title>Stock Blog Hub &#187; CIBT Education Group Inc.</title>
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		<title>(MBA) Prime Mortgages Going Sour</title>
		<link>http://www.stockbloghub.com/2009/08/20/mba-prime-mortgages-going-sour/12984</link>
		<comments>http://www.stockbloghub.com/2009/08/20/mba-prime-mortgages-going-sour/12984#comments</comments>
		<pubDate>Fri, 21 Aug 2009 03:47:15 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Education & Training Services]]></category>
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		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[CIBT Education Group Inc.]]></category>
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		<category><![CDATA[PNC]]></category>
		<category><![CDATA[PNC Financial Services Group I]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
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		<description><![CDATA[At the end of the second quarter, 4.3% of all residential mortgages were in some part of the foreclosure process, up from 3.85% at the end of the first quarter and 2.75% a year ago. In addition, on a seasonally adjusted basis, 9.24% of all mortgages were delinquent (behind by at least one payment), up from 9.12% at the end of March, and just 6.41% at the end of June 2008. Both were records since the Mortgage Bankers Association (MBA) started keeping track back in 1972. On a non-seasonally-adjusted basis, the delinquency rate was not quite as bad at 8.86%, but still a record. That means that 13.16% of all residential mortgages (NSA basis) are in trouble. With about 51 million houses with mortgages in the country, that means 6.71 million ]]></description>
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		<title>(MBA) The U.S. Housing Market: Three (More) Reasons Real Estate Isn’t Rebounding</title>
		<link>http://www.stockbloghub.com/2009/08/03/mba-the-u-s-housing-market-three-more-reasons-real-estate-isn%e2%80%99t-rebounding/11899</link>
		<comments>http://www.stockbloghub.com/2009/08/03/mba-the-u-s-housing-market-three-more-reasons-real-estate-isn%e2%80%99t-rebounding/11899#comments</comments>
		<pubDate>Tue, 04 Aug 2009 03:47:23 +0000</pubDate>
		<dc:creator>InvestmentU</dc:creator>
				<category><![CDATA[Education & Training Services]]></category>
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		<category><![CDATA[CIBT Education Group Inc.]]></category>
		<category><![CDATA[DHI]]></category>
		<category><![CDATA[DR Horton Inc.]]></category>
		<category><![CDATA[KB Home]]></category>
		<category><![CDATA[KBH]]></category>
		<category><![CDATA[LEN]]></category>
		<category><![CDATA[Lennar Corp.]]></category>
		<category><![CDATA[MBA]]></category>
		<category><![CDATA[PHM]]></category>
		<category><![CDATA[Pulte Homes Inc.]]></category>
		<category><![CDATA[TOL]]></category>
		<category><![CDATA[Toll Brothers Inc.]]></category>

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		<description><![CDATA[by Louis Basenese, Advisory Panelist Editor’s Note: Yesterday we heard from Martin Denholm, the managing editor at Smart Profits, one of our affiliate publications which will be joining us over the next few weeks. We’ll be adding their experts to our esteemed panelists to give you the best investing ideas and advice out there. Today we follow Martin with outspoken favorite, Louis Basenese, who also gives us his take and concern for investors, on the housing market. If ever an off-the-wall indicator existed to predict the fate of the U.S. housing market, I found it… You see, business is booming in one particular niche of the real estate industry &#8211; shrink-wrap. That’s right. Contractors and developers are wrapping mothballed building projects in plastic, literally &#8211; from single-family homes to 25,000 ]]></description>
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